New Entry-Level 2015 Tesla Model S 70D Debuts | Edmunds

New Entry-Level 2015 Tesla Model S 70D Debuts

PALO ALTO, California — The new entry-level 2015 Tesla Model S 70D electric sedan debuted on Wednesday with a price tag of $76,070, including a $1,170 destination charge.

It is on sale now, with delivery expected in late May.

Pricing does not include a $7,500 federal tax credit.

The Model S 70D is $5,000 more expensive than the outgoing Model S 60 and features a number of improvements. They include all-wheel drive, a longer range of 240 miles and better performance.

Standard features include lane-departure warning, automatic keyless entry and parking sensors.

The new entry-level Model S gets its name from a 70kWh battery pack and dual electric motors rated at a combined 514 horsepower.

It competes with luxury hybrid and electric vehicles, including the BMW i8 and Cadillac ELR.

Tesla also unveiled three new colors for the Model S. They are Ocean Blue, Obsidian Black and Warm Silver.

The new entry-level Model S debuts a few months ahead of the launch of the 2016 Tesla Model X.

Edmunds says: Model S buyers will have to deal with a price increase, but end up with a better value proposition.

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